New Delhi: Once seen as slow in delivering on its development partnership commitments, especially in comparison to its strategic rival China, India has now fine-tuned its processes to ensure projects committed to, meet their timeline. This comes amid murmurs of protest on the African continent over China’s terms of engagement with countries while extending loans for infrastructure projects. Besides the textile project, India promised the renovation of Mahatma Gandhi Graduate Library at University of Nairobi under a grant of $ 1 million. Africa is a key development partner of India, garnering a sizeable portion of India’s lines of credit assistance of $ 28 billion extended in 2018-19. “To date China has participated in over 200 African infrastructure projects.

Source: Mint June 30, 2019 11:47 UTC